ODFL News and Press, Old Dominion Freight Line Inc. From 06/12/23

2023-06-12 08:23:22 ET ArcBest ( ARCB ) and SAIA ( SAIA ) each gained bullish initiations on Monday as Jefferies told clients it sees undervalued names in trucking. The firm’s analysts explained that it expects SAIA to see “above-peer top-line growth and ma...

2023-06-10 12:35:36 ET For the week ending June 9, the Industrial Select Sector ( XLI ) gained ( +1.45% ) and was among the seven, out of the 11 S&P 500 sectors, which closed the week in green. The SPDR S&P 500 Trust ETF ( SPY ) also rose ( +0.46% ). The top five...

2023-06-07 07:00:00 ET Morgan Stanley has identified high-potential stocks across key sectors that exhibit strong pricing power amid declining inflation. These companies should maintain or increase their prices, leading to improved profitability and market performance. The...

2023-06-05 18:02:00 ET Old Dominion Freight Line ( NASDAQ: ODFL ) on Monday said its revenue per day fell 15.7% Y/Y for May. Less-than-truckload (LTL) tons per day for May fell 14.4% due to a 11.4% decrease in LTL shipments per day on a 3.4% fall in LTL weight per shipmen...

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for May 2023. Revenue per day decreased 15.7% as compared to May 2022 primarily due to a 14.4% decrease in LTL tons per day. The change in LTL tons per day was attribu...

2023-06-05 06:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-06-04 09:44:00 ET Through five months in 2023, the Nasdaq-100 index has posted a return of 31%. While only one of the Nasdaq 100 members mentioned below has beaten this mark to start the year, both have managed to post positive returns after a tumultuous 2022. Home to best-in-c...

2023-06-04 02:28:07 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

2023-06-02 07:07:52 ET Bank of America's proprietary bi-weekly Truckload Demand Indicator for shippers' freight demand outlook for three months out decreased 4% sequentially to 42.6 from 44.3 last survey. The reading was down 27% year-over-year and is the 5th lowest level on record for the ...

2023-05-27 09:00:00 ET Summary We explain why selling cash-covered puts and covered calls are relatively safe choices for earning a high income. We will discuss how to formulate an options income strategy that's sustainable and repeatable. In this monthly series, we present ho...